The House of Representatives will wade into the dispute between Capital Oil and Gas Industries Limited and the Presidential Committee on Fuel Subsidy.

The House’s intervention is based on a petition by Capital Oil and Gas Limited.

The lawmakers are expected to discuss the petition on Thursday.

Explaining why Capital Oil and Gas decided to take the matter to the House, the company’s spokesman Nick Hayes, in a statement yesterday, said: “It is for the company and its CEO to show Nigerians that they have nothing to hide as well as to clear some representations in the media.”

He said the petition would afford Nigerians the opportunity to see how some highly-placed people using fronts were determined to create artificial fuel scarcity in the country.

Hayes said: “The company is confident that the House will, given its integrity and sense of purpose, handle the matter in a way that hidden truths would be revealed.”

In the petition, which was sent to Speaker Aminu Tambuwal about two weeks ago, the company’s CEO, Chief Ifeanyi Uba, urged the House to “intervene, mediate and redress the various injustices being meted out to it. Some of these are serious breach of fundamental human rights, gross misrepresentation, suppression and concealment of material facts, threat to life of its CEO, Chief Ifeanyi Uba, as well as infringement and gross violations of banking rules and regulations by Access Bank”.

Also, the petitioner wants the House to look at the report of the Presidential Committee on Fuel Subsidy, which allegedly recommended Capital Oil and Gas for further investigation without due process, the refusal of the Finance Ministry to remit its subsidy payment of over N20 billion and alleged breach of Section 18 and 20 (2) of Banking and Finance Industry Act (BOFIA) 2004 by Access Bank and Mr. Cosmas Maduka.

Ifeanyi Ubah, sort out your problems individually. Why are you turning against Maduka simply because he chose to assist you borrow money in his company name since you had become a bad debtor. Without remorse and repentance your continual fall is guaranteed.

Jomesz

Uba, you’re a thief and ungrateful. Maduka helped you believing that others who spoke ill of your business practices did not understand you. He thought you were a human being deserving a push to success, but what did you make of him. A proof of your insincerity: Your kerosene distribution TV advert. You made it look like you were the owner selling at N50.00 whereas you company’s velicles were only employed by the NNPC, the real owners of the kero fuel. Who will believe you?